Stocks Fall Early; Rally Late

By on Oct, 13 2016 with Comments 0

U.S. stocks fell early Thursday, but were able to recover most of the losses by close of business thanks to a jump in oil prices. Radio and Television both posted losses for another day.

The RBR Radio Index fell 11.855, or 1.88%, to 618.581.

The TVBR Television Index fell 11.691, or 1.29%, to 892.390.

Gainers
iHeart, 12.0%
CBS, up 0.2%
Fox, up 0.1%

Decliners
Cumulus, down 16.2%
Salem, down 5.8%
Sinclair, down 3.0%

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About The Author: RBR+TVBR has been reporting on the business of broadcasting for nearly three decades. Beholden to no one, it is independently owned.

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